Math Problem Statement
Find the t* multiplier for a 99% confidence interval when the sample size is 45. Give your answer to 4 decimal places.
Solution
To find the multiplier for a 99% confidence interval when the sample size is 45, we follow these steps:
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Determine the degrees of freedom (df): The degrees of freedom for the -distribution is given by , where is the sample size.
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Locate the 99% confidence level in the -distribution table: For a 99% confidence interval, the level of significance is 0.01. Since the confidence interval is two-tailed, we split the significance level in half for each tail:
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Find the -value corresponding to and : Using the -distribution table or a calculator that provides -values, we look up the -value for and .
Using a standard -table or a statistical calculator, we find:
Thus, the multiplier for a 99% confidence interval when the sample size is 45 is approximately .
Would you like more details or have any questions?
Here are 8 related questions to expand your understanding:
- How is the degrees of freedom calculated in a -distribution?
- What is the difference between a -distribution and a normal distribution?
- How does the sample size affect the -distribution?
- What is the significance level in hypothesis testing?
- How do you interpret a 99% confidence interval in practical terms?
- How would the value change if the sample size were increased to 100?
- Why is the -distribution used instead of the normal distribution for small sample sizes?
- How do you use the -distribution table to find critical values?
Tip: When using the -distribution, always make sure to check the degrees of freedom and the corresponding value to find the correct -multiplier.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
T-distribution
Formulas
Degrees of freedom calculation (df = n - 1)
Theorems
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Suitable Grade Level
Undergraduate
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